Hanmi Financial (HAFC) Investor presentation summary

Company overview and strategic highlights

• Operates 32 branches and multiple loan offices across key U.S. states, with $7.8B in assets, $6.6B in loans, and $6.8B in deposits as of 1Q26.

• Achieved 9% CAGR in both loans and deposits since 2013, with a strong focus on Asian-American and multi-ethnic markets.

• Second largest Korean-American bank in the U.S., founded in 1982, with a history of strategic acquisitions and expansion.

• Diversified loan portfolio: CRE 61%, C&I 18%, RRE 15%, Equipment Finance 6%.

• Well-capitalized, with tangible common equity to tangible assets at 10.11% and CET1 ratio at 12.20%.

Financial performance (1Q26)

• Net income of $22.6M ($0.75 EPS), up 6.2% QoQ, with ROAA at 1.18% and ROAE at 10.86%.

• Net interest income grew 0.5% QoQ to $63.2M; net interest margin rose to 3.38%.

• Deposits increased 1.8% QoQ to $6.8B; noninterest-bearing deposits stable at ~30%.

• Loan production reached $377.9M, led by a 64% increase in C&I loan production.

• Noninterest income was $8.5M, up 2.9% QoQ, driven by higher SBA loan sales.

Asset quality and risk management

• Nonperforming assets to total assets improved to 0.16%; nonperforming loans to total loans at 0.19%.

• Allowance for credit losses at $70.5M (1.08% of loans); net charge-offs for the quarter were $2.6M (16 bps annualized).

• Criticized loans increased due to a single large CRE retail loan downgrade; overall asset quality remains strong.

• CRE concentration reduced from 85% in 2013 to 61% in 2026, with robust stress testing and liquidity planning.

• Liquidity resources totaled $3.1B (39.9% of assets), with low brokered deposits (1.3%).